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Use the Figure Below to Answer the Following Questions

Question 63

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions.   Figure 17.3.1 -Refer to Figure 17.3.1.This figure shows the value of marginal product of labour curve,the labour supply curve,and the marginal cost of labour curve.If this labour market is controlled by a monopsony,then the monopsonist hires A) zero hours of labour. B) 50 hours of labour. C) 75 hours of labour. D) 100 hours of labour. E) more than 100 hours of labour. Figure 17.3.1
-Refer to Figure 17.3.1.This figure shows the value of marginal product of labour curve,the labour supply curve,and the marginal cost of labour curve.If this labour market is controlled by a monopsony,then the monopsonist hires


A) zero hours of labour.
B) 50 hours of labour.
C) 75 hours of labour.
D) 100 hours of labour.
E) more than 100 hours of labour.

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